On December 8, Binance, the world’s largest cryptocurrency exchange, announced its partnership with Master Class, an online education platform, to launch a course on cryptocurrencies and blockchain for the “crypto-curious” audience. The class will be led by Binance’s CEO and founder, Changpeng Zhao (CZ), and is a joint effort between both entities to build a better ecosystem —and prevent new users from losing their money.
The master class, called “Crypto and the Blockchain,” will last for 3 hours and 40 minutes and will provide participants with the opportunity to learn about blockchain technology, Web3, DeFi, DAOsand more from leading experts in both the crypto and mainstream finance industries. These experts include Changpeng Zhao (CZ), Emilie Choi, President and COO of Coinbase, Chris Dixon, Founder and Managing Partner of a16z Crypto, and Paul Krugman, author, NYT columnist, and Nobel Prize-winning economist.
Crypto and Blockchain 101 —But Experts Are Welcomed
The master class will cover essential topics on cryptocurrencies that will give newcomers a balanced view of the ecosystem and help them understand the industry’s current state and where it is headed. However, more experienced individuals can also benefit from the class and find valuable insights in each lesson.
Each participant will also have access to a downloadable crypto primer packed with explainers, activities, and illustrations to help them better understand the topics covered in the class.
To join the class, participants must pay a MasterClass membership fee of $15 per month (billed annually) that unlocks access to multiple courses and sessions taught by more than 180 instructors, so users will benefit from a wide spectrum of courses that go beyond the scope of crypto and the Web3, ranging from modeling to gardening with everything in between.
Binance Bets on Education To Improve The Crypto Scene
Changpeng Zhao said that as civilization advances, it is necessary to understand new technologies in order to build business models that would be impossible using the outdated traditional financial system. On the announcementhe said there are new business models that can be built using the novel blockchain technology, which cannot be built using the methods and tools from the legacy financial system.
In addition to the master class, Binance has also announced the launch of six courses and 29 modules through Binance Academy to teach basic knowledge about cryptocurrencies and blockchain. Upon completing the six free courses, users will receive an NFT certificate as proof of learning.
Binance also launched new courses and quizzes on December 7 to allow users to earn rewards in BNB, BUSD, POLYX, and ALGO as Christmas gifts.